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Expanding a home based business
- By David Birchall
- Published 05/8/2007
- Managing a Small Business
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David Birchall
David Birchall a partner in Artemis Media and Cumbria Business Portal. David is also a Member of the Federations of Small Businesses (FSB) He currently serves on the Federation of Small Business’s Trade and Industry Committee and acts as National Spokesperson on Research and Development. At the North West Regional Level he is the FSB’s advisor and spokesperson on Education, training and skills. David is also a Strategic Board Member of the Cumbria Digital Development Network.
View all articles by David BirchallRunning a business from home has many advantages and disadvantages but overall the plusses can far out way the minuses. One of the biggest problems facing the home worker is “How to expand the business” particularly if space and time are at a premium.
Home is now the most popular location for new start up businesses and around 2000 of them are formed every week in the UK; all you need is
- a room or part of a room,
- a phone line with an Internet connection, and
- a computer and possibly
- a decent website
Once you
have at least three or all four, you’re in business.
Working from home can certainly
reduce the outgoings when it comes to travel, office rents etc., and it can
enhance work life balance providing you lay down some hard and fast rules as to
work time and family time. By and
large the home worker can control better the time of day that they work and in
doing so improve output by working when they are feeling at your most
productive.
Having said
all this, sooner or later if your business is successful you will come up on
the dilemma of the business outgrowing the space you have at home and at this
point you wonder how you will manage to grow the business without moving into bigger
premises.
So many businesses these days actually prefer to stay small or more correctly prefer not to out grow their capabilities lest they actually have to employ someone. However, the more enterprising owners have become to realise that the answer lies in “Outsourcing” and one way to grow your business is to use other like minded business people to achieve that objective. Here are some of the skills and services you can outsource; -
- Book-keeping
- Marketing and PR
- Storage
- Appointment making and secretarial
- Website development and Internet Marketing